On Wednesday the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) winning streak came to an end when the benchmark index dropped 0.2% to 6,096.5 points. Will the local market be able to bounce back on Thursday? Here are five things to watch: ASX futures pointing higher. The Australian share market is expected to open the day higher on Thursday. According to the latest SPI futures, the ASX 200 is poised to open 0.2% or 10 points higher this morning despite a mixed night of trade on Wall Street.

Market Highlights
SPI futures up 6 points at about 8.15am AEDT

AUD flat at 71.63 US cents

On Wall St: Dow +0.2% S&P 500 +0.2% Nasdaq flat

In New York, BHP +1.8% Rio +1% Atlassian +0.2%

In Europe: Stoxx 50 +0.6% FTSE +0.7% CAC +0.7% DAX +08%

Spot gold +0.2% to $US1343.83 an ounce at 1.47pm New York time

Brent crude +1% to $US67.13 a barrel

US oil +1.8% to $US57.10 a barrel

Iron ore -1.4% to $US88.00 a tonne

Dalian iron ore +0.4% to 624 yuan

LME aluminium +0.7% to $US1868 a tonne

LME copper +1.4% to $US6405 a tonne

2-year yield: US 2.50% Australia 1.70%

5-year yield: US 2.47% Australia 1.72%

10-year yield: US 2.65% Australia 2.10% Germany 0.10%

US-Australia 10-year yield gap at 6.38am AEDT: 55 basis points